137 home got listed in Burlington but only 69 of them ended up selling.
34 listings got cancelled and 1 listing expired. It just didn’t sell. Period!
58 Price decreases. This number indicated 58 home owners couldn’t sell their home for what they were asking. As a result, a price reduction was in order.
On the other end of the spectrum, 8 home owners decided to increase their asking price. My guess is, they didn’t get the multiple offer they were hoping for. As a result they increased their asking price hoping to sell for a higher price than they originally listed at.
As of June 12th, the average selling price in Burlington was $757,262. Don’t get too hung up on that number as it only represents 12 days of statistics. The average price in Burlington as January 2017 is around $813,000.
The number of sales has also dropped. 432 homes sold in Burlington in the month of May As of June 12th only 119 homes sold.
It’s obvious home buyers are waiting to see what’s going to happen to the market before they jump in with both feet.
Also, I’ve noticed home owners are starting to sell their homes first before buying. It’ snot a bad idea. If you’re thinking of buying and selling, consider selling first. At least you’ll know how much money you’ll end up with after the sale. Then you’ll know what your budget is when buying. Win-Win!
Any questions, shoot me off an email: firstname.lastname@example.org
Have an awesome day,
P.S. Here are FOUR Way We Can Help You Today…
1 – GET A CUSTOMIZED LIST OF DAILY HOMES SENT BY EMAIL:
If searching for home yourself isn’t cutting, then it’s time to step up your game. Get instant access to homes as soon as they get listed based on your exact criteria… plus we can include other areas besides Burlington!
2 – COME TO THE NEXT HOME BUYER CLASS
If you want to know all the steps, hidden costs, and tips to save money, get yourself to the next Home Buyer Class! More than 200 graduates can’t be wrong… plus you get cookies! Click here to view class schedule
3 – LEARN HOW TO INCREASE THE VALUE OF YOUR HOME
Attempting To Sell Your Home In Today’s Hot Market Is Pointless Without Attending This Class – Don’t Leave Money On The Table! Click here to view class schedule
4 – GET A COPY OF THIS MONTH PRICE REPORT
If you want to know what’s happening with the Milton market, complete with monthly updates of sold listings and market data, it’s probably a good idea to click this link. You’ll have lots to talk about at your next party